Investment property in Calamvale has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.63%
Comparing Calamvale,4116 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -5.09% to buyers in Calamvale at the moment, which is less than average for the rest of QLD.
Often selling an investment property can take time, and in Calamvale the average time real estate has been on the market is 46.91 days.
Giving property investors a an average capital gain of 4.44% for the last year, Calamvale, 4116 is the 827th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Calamvale,4116 has racked up an average of 4.44% over the period. This ranks it number 996th in the whole country for real estate investors looking at median house price increases.
Calamvale, 4116 is offering QLD ‘s 294th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
Calamvale is 254th on a list of best yielding suburbs for rents in QLD with a 4.99% return
Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.Full summary
Information supplied by:
Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.
Transport options to the city (18km away) are convenient thanks to the Logan Motorway, regular buses and the nearby train stations.
Current demand for the area is indicated by the fact that houses typically spend just 44 days on the market, which is a much quicker turnover than many suburbs nearby.
The vacancy rate is also a tight 1.51%, according to Real Estate Investar.
This demand is already translating into capital growth, as the median price of houses has grown by 6% in the past 12 months.
Three- or four-bedroom houses on Bowerbird Pl and Fig Tree St are located on cul-de-sacs which are a sought-after part of Calamvale.
They are very close to shops, schools and public transport to the city.
They can be bought there for less than $520,000.
Top amenities: Calamvale Marketplace, Stretton College, Sunnybank Hills Shopping Centre, Sunnybank Primary, Calamvale Community College, easy access to Gateway and Logan motorways, Grand Plaza Cinemas and shopping centre, Runcorn Heights Primary
Public transport: Multiple bus routes, Altandi, & Runcorn train stations.
Main arteries: Very well established car, bus and rail transport infrastructure including the existing Logan motorway, offering ready access to both the Gateway motorway and Centenary highway. Close proximity to existing rail stations at Runcorn and Altandi.Close